Award Winning Butchers With High Income | | Undisclosed Gloucestershire | | GLOUCESTERSHIRE AWARD WINNING BUTCHERS WITH HIGH INCOME HIgh visible location in affluent town 50% of sales to restaurants hotels & care homes outstanding reputation with prestigious county award A/T: £340,000 GP: 38% NP: £60,000 Excellent scope to expand further L/H: £160,000 +SAV REF: 1174GL | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68026
ADVERT IMPRESSIONS : 11,322 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Butchers | | SALE: | Agent Sale | LEASEHOLD: | £160000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• The butchers has a high visibility location in the heart of an affluent town in Gloucestershire.
HISTORY
• The butchers was originally founded over 50 years ago with the present vendor owning the business for over 4 years
REASON FOR SALE
• The butchers shop is only now being reluctantly offered for sale due to his ill health and his family breakdown
PRODUCTS
• The butchers offers all the traditional cuts and joints of meat including beef, pork and lamb
• In addition, he makes his own sausages and burgers
• He also offers eggs, cooked meats, jams, pickles and chutneys.
SERVICES
• The shop offers a delivery service to its account customers.
CUSTOMERS
• All customers are within an approximate 40 mile radius of the premises
• Approximately 50% of sales are to account customers such as restaurants, hotels and care homes. The remaining 50% is general retail clients who purchase from the counter.
STAFF
• 2 full time butchers including the vendor
• A part time driver who works for approximately 24 hours per week.
TRADING HOURS
• Weekdays: 7am to 5pm
• Saturday: 7am – 1pm
FINANCIALS
2010 2009 2008
Sales £340,000 £307,533 £204,859
Gross 38% 33% 38%
Net £60,000 £34,968 £26,911
• Stock holding £6,500
PREMISES
• Mid terraced ground floor lock up which briefly comprises:
• Side entry door from corridor into serving area with serve over glass counter unit, further 8’ serve over counter unit, spices and pickles wooden display shelf unit
• 2 single door glass upright chiller freezer units
• Window display with open freezer units
• 3 sets of scales, meat slicer
• Side office
• Prep area with hand wash sink, stainless steel single drainer sink, chopping table, mincer, 50/50 stainless steel fridge/freezer, vacuum packer, sausage mincer, 2 large walk in fridges and a walk in freezer, chicken oven, bacon slicer, ham boiler, microwave, mincer, tenderiser machine, stainless steel work benches, storage racking
• Shared w/c
• Rear exit
• Parking is free of charge in a nearby parking area.
STRENGTHS
• An extremely well established butchers which has been trading on the present site for over 50 years
• Good, high visibility location in the heart of an affluent town in Gloucestershire.
• Outstanding local reputation with the business having won a prestigious county award recently and being placed second in a Cotswolds area award
• Excellent annual sales of circa £360,000 with a gross profit of approximately 38%.
SCOPE
• Open longer on Saturdays
• Approach more trade based businesses to offer his services
• Have a business web site
• Extend the sales area beyond the current 40 mile radius.
• Sell hot meat sandwiches from the premises
TENURE
• Leasehold
• Original Lease: 12 years
• Remaining lease: 4 years
• Review every: 3 years
• Rent: £10,000 per annum
• Rates: £432 per annum
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1174GL / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
